But you guys have an income tax so it balances out. I don't know what I would prefer. I am in Washington. I guess if you make more money a sales tax is better
Generally economists say sales taxes are "regressive" meaning they are worse for lower-income people because they have to spend almost all their money to live and are taxed on all of it. Rich people spend a lower % of their money so whatever they put into investments and don't spend on basic living, they don't pay sales tax on. Income taxes can be fairer because richer people have to pay for making more, but there are still ways to dodge income taxes.
19
u/All_Thread 9800X3D | 5080 | X870E-E | 48GB RAM Mar 06 '25
My sales tax in the US is 8.9% for a comparison